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Economic Growth

Five Arab Nations Are Ready to Join BRICS

By: Adam Abdel-Qader / Arab America Contributing Writer  After the global financial crisis of 2008, BRICS, better known as Brazil, Russia, India, China, and South Africa, gained its reputation as one of the most powerful economic groupings in the world. Some claim that the grouping was established in retaliation against the Global North’s loss of … Continued

Abu Dhabi, Gulf Nations, Tout 2022 GDP Growth Despite Global Challenges

By Arab America Contributing Writer Drew Jackson United Arab Emirate, Abu Dhabi, has recently announced their real GDP increased by 11.2% in the first half of 2022, compared to the same period in 2021.  Additionally, Abu Dhabi has confirmed they have hit a six-year-high quarterly growth rate, with GDP growth exceeding 11.7% compared to Q2 … Continued

The Future of Economic Exchange – Cryptocurrency in the Arab World

By: Caroline Umphlet / Arab America Contributing Writer The Arab World is breaking records regarding cryptocurrency. Some countries are opening their economic sphere to further develop the digital means of exchange, while others are not so ready to switch over. Currently, creating a space for cryptocurrency to be successful is not highly prioritized by Arab … Continued

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